Personal finance
How the rich use insurance to invest in private credit without steep tax bills
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Private credit has exploded in popularity among investors, with the market soaring from $1 trillion in 2020 to $1.5 trillion at […]
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How investors can ready their portfolios for a recession: ‘You’re looking for balance,’ expert says
Key Points Economic forecasters have raised the odds of a U.S. recession amid an escalating trade war. Investors shouldn’t act emotionally if trying to prepare their portfolios for a downturn. Fundamentals like asset allocation and diversification are generally the most important considerations, advisors said. Source
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Judge slams Social Security chief for agency shutdown ‘threats’ after ruling barring DOGE access
A sign for the U.S. Social Security Administration is seen outside its headquarters in Woodlawn, Md., on Thursday, March 20, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images A federal judge reprimanded Social Security Administration acting commissioner Lee Dudek on Friday for “making threats about shutting down operations” at the agency. Judge Ellen […]
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Are designer handbags an actual investment? Here’s how returns stack up
Luxury handbags have outperformed other collectibles in recent years and are increasingly viewed as a potential investment category in the eyes of consumers and analysts, at least according to some recent reports. For the first time, the value proposition of designer handbags from top brands, such as Hermes, Chanel, Goyard and Louis Vuitton are growing […]
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Rich people live by these 5 rules, self-made millionaire says: ‘It’s not just about cost’
There’s no single path rich people follow to obtain their wealth. Some are born with generational wealth that gives them a head start, while others work their way up through grit, determination and well-timed career decisions. Luck may also be a factor. But there are a few common habits among wealthy people, self-made millionaire, author and TV […]
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Stock volatility poses an ‘opportunity,’ investment analyst says. Here’s why
Key Points The S&P 500 has wobbled in 2025. The U.S. stock index briefly touched correction territory last week. Investors can take advantage of such selloffs by buying stocks at a discount, financial experts say. Investors should be mindful of their overall stock/bond allocations when doing so. Source
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Tariffs are ‘simply inflationary,’ economist says: Here’s how they fuel higher prices
Key Points Tariffs are expected to raise the U.S. inflation rate in 2025, Federal Reserve chair Jerome Powell said Wednesday. U.S. businesses pass tariff costs on to consumers, both directly and indirectly, economists said. An increase in the inflation rate may be relatively short-lived, if tariffs amount to a one-time price increase, economists said. Source
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A stock poised to break out as copper prices climb — How to play it
Freeport-McMoRan (FCX) is set for a potential breakout as copper prices approach their 52-week highs, driving renewed interest in the largest global copper mining company. FCX, which generates most of its revenue from copper, is starting to outperform both the S & P 500 and its sector, signaling a bearish-to-bullish turnaround. The company’s recent earnings […]
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Why uncertainty makes the stock market go haywire
Key Points Investor uncertainty have led to volatile trading in the stock market. They are unnerved by see-sawing Trump administration policy positions, most importantly on tariffs, experts said. Investors don’t know how policy will impact corporate profits, experts said. Source
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Wholesale egg prices have ‘plunged,’ analyst says — shoppers may soon see some relief
Key Points Wholesale egg prices have fallen more than 40% since the end of February. The pullback comes amid a reprieve from major bird flu outbreaks so far in March and weaker consumer demand, which have helped the nation’s egg supply to start recovering. Retail egg prices broke a record high in February. It’s unclear […]
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